Experts brainstorm on institutional framework for Edo industrial park

Experts brainstorm on institutional framework for Edo industrial park

The Governor of Edo State, Mr Godwin Obaseki, and officials of the Malaysian East Coast Economic Region Development Council (ECERDC) are currently reviewing the progress report on the proposed institutional framework that will support the planned Edo Industrial Park in...
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Customs FOU impounds fake drugs, 11 used vehicles, 4,227 bags of rice, others

Customs FOU impounds fake drugs, 11 used vehicles, 4,227 bags of rice, others

By Moses Ebosele, ebosele@hotmail.com –     As part of onging efforts to curtail illegal imports, the Federal Operations Unit (FOU) of Nigeria Customs Service (NCS), Zone ‘A’ Ikeja, has intercepted three container loads of fake drugs.   The drug ...
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Cargo Scanner: SIFAX Group Boss seeks Govt’s swift attention

Cargo Scanner: SIFAX Group Boss seeks Govt’s swift attention

In view of the recurrent cases of illegal arm importation into the country through the seaport, Dr. Taiwo Afolabi, Group Executive Vice Chairman, SIFAX Group, has challenged the Federal Government to expedite action on the provision of scanners at various...
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Crash Figures: Expert faults FRSC, tasks financial institutions, religious leaders

Crash Figures: Expert faults FRSC, tasks financial institutions, religious leaders

By citybusinessnews@yahoo.com –    About 100 persons lose their lives as a result of road traffic crashes on Nigerian roads, which brings the total to over 36,000 deaths every year, prominent road safety advocate, Adenusi Patrick has said.   This...
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Heritage Bank canvasses more support for creative industry

Heritage Bank canvasses more support for creative industry

Heritage Bank Plc has reiterated its support for the creative industry as alternative to crude oil.   The MD/CEO of the bank, Ifie Sekibo stated this on Sunday at the Exhibition Gallery of National Museum Benin. The event was organised ...
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FG approves tax relief for TSTV

FG approves tax relief for TSTV

The Minister of Information and Culture, Alhaji Lai Mohammed, has said the new PayTV platform, TSTV, will enjoy a pioneer status with a three-year tax relief. The Minister announced this in Abuja on Sunday night when he unveiled TSTV. “Dr. (Bright) Ech...
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59 killed, 527 injured  in Las Vegas shooting

59 killed, 527 injured in Las Vegas shooting

Police are working to establish the motive behind a mass shooting which left at least 59 dead and another 527 injured at a Las Vegas concert.  Gunman Stephen Paddock, 64, opened fire from the 32nd floor of the Mandalay Bay...
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How to finance key govt projects, create jobs through capital market, by Arunma Oteh

How to finance key govt projects, create jobs through capital market, by Arunma Oteh

By Moses Ebosele, ebosele@hotmail.com –    Stock Exchanges and Market Infrastructure Entities (MIEs) are agents of social change, Vice President and Treasurer of the World Bank, Arunma Oteh has said.   According to Oteh, MIEs are critical to sustainab...
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Nigeria still critically sick at 57

Nigeria still critically sick at 57

(Statement by Comrade (Dr.) Bobboi Bala Kaigama, President of Trade Union Congress of Nigeria (TUC), on the Occasion of the 57th Independence Day Anniversary of the Country on 1st October, 2017).   “The world will never respect Africa until Nigeria...
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Absolute Success Travels donate gifts to orphanage

Absolute Success Travels donate gifts to orphanage

As part of activities to mark the birthday of the founder and Managing Director of Absolute Success Travels and Tours, owner of the UFITFLY brand, Evang. Ajibola Ogunkeyede,  the management and Staff  on Saturday  paid a visit to the Total...
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Edo sacks Permanent Secretary, suspends three others over alleged N283m fraud

Edo sacks Permanent Secretary, suspends three others over alleged N283m fraud

The Edo State Government on Friday sacked a permanent secretary in the State Ministry of Youth and Special Duties, Dr. (Ms) Osayuware Idahosa and three other civil servants over  allegation of padding the budget for the conduct of primary school examinatio...
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SEC arraigns BGL officials over alleged capital market scam

SEC arraigns BGL officials over alleged capital market scam

 The Securities and Exchange Commission (SEC)on  Thursday arraigned  BGL Group and its officials at the Chief Magistrate Court Zone 6, Abuja on charges of  criminal conspiracy, Breach of Trust and cheating contrary to Sections 96, 312, 322 and 323 of the...
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PwC tax academy hosts 200 business executives, reviews LIRS reforms

PwC tax academy hosts 200 business executives, reviews LIRS reforms

Over 200 business executives including a live online audience within and outside Nigeria are scheduled to attend PwC tax academy scheduled to hold on Friday, September 29, 2017 in Lagos State.   City BusinessNews Online (www.citybusinessnews.com) gathered th...
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WFE implores global securities regulators on information sharing, confidentiality

WFE implores global securities regulators on information sharing, confidentiality

The World Federation of Exchanges (WFE) on Wednesday responded to the CPMI-IOSCO Framework for Supervisory Stress Testing (“SST”) of Central Counterparties (“CCPs”). ​  According to WFE, the  purpose of the Framework is to guide glo...
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